The Austrian economist Eva Pichler warns of the ESM and appeals on the Austrian Parliament not to ratify the „recue package“.

In an interview with the Austrian newspaper „Kleine Zeitung“, the economist Eva Pichler said that Austria´s solvency would be endangered. The ESM (European Stability Mechanism) may threaten Austria´s finance severely.

For Pichler, the ESM is nothing else than an „undemocratic locked-in treaty“. The sovereignty of Austria would be endangered. As Austria´s inofficial…